In other words, if a Greek worker went from making one gizmo an hour to making two an hour and got paid twice as much for that hour, the unit-labor-cost increase would be 0%.

换句话说，希腊工人原来每小时做一个小玩意，现在每小时做两个，就得到了翻番的一小时工资，那么单位劳动成本的增加就为0%。

youdao

At this stage the productivity will be high and hence the cost of labor per unit will be reduced.

在这个阶段的生产力将会很高，因此单位劳动力成本将会降低。

youdao

Even if the U.S. unit labor cost trend flattens out, a continued 10 percent rate of appreciation appears likely.

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In the report, National Bank projected that fourth-quarter unit labor cost (ULC) inflation in the U.S. would come in at 4 per cent on a quarter-over-quarter basis or 2.1 per cent year-over-year.

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These are hardly excessive growth rates in normal times, much less in an economy with almost 10 percent unemployment, with capacity utilization down from the 80s to the 60s, and with nonbank credit sinking, productivity growing rapidly, and with unit labor cost declining.

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